Latest news with #EuropeanGreenDeal
Barnama
11 hours ago
- Business
- Barnama
Saving Birds In Wind Farms With AI: Boulder Imaging And Oikon Launch IdentiFlight in Croatia
LOUISVILLE, Colo., July 30 (Bernama) -- Boulder Imaging has partnered with Oikon Ltd., Croatia's leading environmental consultancy, to bring AI-powered bird protection technology to wind farms across Southeast Europe. Through the deployment of Boulder Imaging's IdentiFlight system, the partnership supports the growing demand for sustainable wind development while also protecting biodiversity. As Croatia ramps up renewable energy under the European Green Deal, strict permitting requirements now mandate detailed environmental impact assessments, particularly for wind farms near Natura 2000 sites. IdentiFlight's real-time bird detection and automated turbine curtailment capabilities help developers meet these standards, reducing permitting risk while protecting high-concern species such as Eurasian griffons, honey buzzards, short-toed snake eagles, golden eagles, and kestrels.
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Saving Birds in Wind Farms With AI: Boulder Imaging and Oikon Launch IdentiFlight in Croatia
Pročitajte ovu objavu na hrvatskom na . LOUISVILLE, Colo., July 29, 2025 (GLOBE NEWSWIRE) — Boulder Imaging has partnered with Oikon Ltd., Croatia's leading environmental consultancy, to bring AI-powered bird protection technology to wind farms across Southeast Europe. Through the deployment of Boulder Imaging's IdentiFlight system, the partnership supports the growing demand for sustainable wind development while also protecting biodiversity. As Croatia ramps up renewable energy under the European Green Deal, strict permitting requirements now mandate detailed environmental impact assessments, particularly for wind farms near Natura 2000 sites. IdentiFlight's real-time bird detection and automated turbine curtailment capabilities help developers meet these standards, reducing permitting risk while protecting high-concern species such as Eurasian griffons, honey buzzards, short-toed snake eagles, golden eagles, and kestrels. 'IdentiFlight is a proven solution that aligns with our mission to harmonize development with nature conservation,' said Dalibor Hatić, general manager of Oikon Ltd. 'We're excited to bring this cutting-edge technology to Croatia and the broader Southeast European region where wind energy is expanding and biodiversity protection is critical. Our goal is to ensure that wind development can thrive without compromising our common natural heritage.' 'Partnering with Oikon Ltd. enhances our ability to deliver conservation-driven technology where it's most needed,' said Don Mills, President and Chief Operating Officer of Boulder Imaging. 'Together, we're advancing the role of AI in biodiversity protection and accelerating responsible wind energy growth in Croatia and beyond.' With more than 520 systems deployed across five continents, IdentiFlight has reduced bird fatalities by over 85% while maintaining a power generation loss of less than 1% in wind farms. The first systems in Croatia are planned for 2026, with an initial focus on sensitive migratory corridors and ecologically valuable terrain. AI that protects biodiversity. Ecology that drives progress. To learn more about IdentiFlight's AI-powered bird protection technology, visit . To explore Oikon's environmental expertise, visit . About Boulder Imaging Founded in 1995, Boulder Imaging develops and delivers innovative machine vision and artificial intelligence solutions that redefine quality assurance. With unmatched speed, accuracy, and scalability, its inspection systems address complex challenges in industries such as renewable energy, automotive, architectural products, and security paper. Headquartered in Colorado, Boulder Imaging is dedicated to advancing machine vision technology to meet global inspection needs. For more information, visit . About Oikon Ltd. – Institute of Applied Ecology Oikon Ltd. – Institute of Applied Ecology is Croatia's leading licensed environmental consultancy, offering integrated solutions in environmental protection, nature protection, natural resource management, environmental law and legislation, and sustainability services. Since 1997, Oikon has supported public institutions, developers, development banks and conservation organizations in aligning economic development with ecological sustainability, in line with Croatian legislation and EU directives. In addition to its leadership in Croatia, Oikon provides expert services across Southeast Europe, including Bosnia and Herzegovina, Slovenia, North Macedonia, Montenegro, Serbia, Albania, Kosovo, Cyprus and Turkey, delivering regional solutions that reflect global environmental standards. For more information, visit . A photo accompanying this announcement is available at
Time of India
2 days ago
- Business
- Time of India
A step towards sustainable biz: Gurgaon to host 2-day circular economy meet
Gurgaon: The state govt, along with the Haryana Shehri Vikas Pradhikaran (HSVP), will host the India Circular Economy Forum's (ICEF) two-day conference on July 30-31 in the city. The forum's theme, "Mitigating Risks and Exploring Opportunities for Businesses," addresses the critical environmental concerns brought by the country's rapid industrial growth, ensuring businesses understand the transition from a linear to a circular economy. According to experts, this is a timely dialogue as the country is at a pivotal stage in its economic journey. The event is designed to align India's economic growth with global sustainability mandates and policies such as the European Green Deal and the UN's Sustainable Development Goals (SDGs). You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon The conference, the officials said, will be an ensemble of a diverse range of stakeholders from across the globe, including representatives from seven embassies, thought leaders from industries, heads of state and govt, scholars, corporate representatives, youth groups, non-profit organisations, and civil society. The conference is supported by different ministries of the Union govt, including the Ministry of Electronics and Information Technology and the Ministry of New & Renewable Energy, among others. ICEF, a platform presenting India's leading circular economy solutions, addresses paramount issues related to sustainable development, resource efficiency, and climate change. It highlights the potential of circular economy approaches for businesses to discover new opportunities and gain a competitive edge, contributing significantly to the achievement of the United Nations SDGs.
Reuters
2 days ago
- Business
- Reuters
Prysmian wins $446 million contract with Italian power grid operator Terna
July 28 (Reuters) - Italy's Prysmian ( opens new tab has secured a deal with a potential total value of 382.5 million euros ($446.3 million) to supply and maintain high-voltage cables for national power network operator Terna ( opens new tab, Prysmian said on Monday. The three-year contract, which can be extended by one year by Terna, commits the operator to acquire at least 50 km (31 miles) of high-voltage cables each year, and the volume may "rise considerably" based on its requirements, Prysmian said. The deal will help Terna modernise and upgrade the national electricity grid, in line with the objectives of the European Green Deal and Italy's national energy and climate plans, Prysmian added. The company said it would manufacture the cables at its southern Italian plant of Pignataro Maggiore, which recently received over 20 million euros in investment to support an increase in capacity. ($1 = 0.8571 euros)
The Market Online
22-07-2025
- Business
- The Market Online
Top CEO warns of global economic crisis – Secure your portfolio now: Nel, Evonik, Dryden Gold
These are words that raise concern: Evonik CEO Christian Kullmann believes that the global economy is on the brink of an economic crisis due to constant tariff threats. The CEO is calling for greater economic freedom for companies in Germany, as investment is urgently needed after years of stagnation. Although Kullmann ends the interview on a hopeful note, the situation remains uncertain. We explain how investors can navigate this uncertainty and present stocks with promising prospects. This article is disseminated in partnership with Apaton Finance GmbH. It is intended to inform investors and should not be taken as a recommendation or financial advice. Evonik: The figures are still good It comes as no surprise that the CEO of specialty chemicals supplier Evonik is warning of a global economic crisis. The chemical industry is considered energy-intensive and is therefore under pressure from foreign competition. Although analysts have also expressed positive opinions in recent months, industry experts point to short-term pressures on Evonik's business. In the first quarter, EBITDA climbed 7% to EUR 560 million, while revenue remained stable at around EUR 3.78 billion. However, the stock market is anticipating the future and is therefore taking a wait-and-see approach: Over a six-month period, Evonik's share price has hardly moved forward, and in the longer term, the share price is even down. NEL calls for protectionism – Evonik CEO Kullmann calls for investment While Evonik is under immediate pressure to actively tackle its transformation and face up to the new realities, NEL shares were considered an exciting bet on the future just a few years ago. However, this bet did not pay off – although NEL gained 16.7% on the stock market over a six-month period, the long-term picture is disastrous: in the last five years alone, the share price has fallen by 88%. The Norwegian company supplies electrolyzers for the production of green hydrogen and also handles logistics and storage of hydrogen. In the past, NEL has delivered several hydrogen filling stations. The Company is benefiting from the European Green Deal, but is also under pressure. Competition is growing, especially in China. NEL itself emphasizes that soon less than half of the hydrogen projects funded by the EU will actually use technology manufactured in Europe. NEL is calling for more protectionism, such as origin criteria for electrolyzers and other hydrogen infrastructure. Whether protectionism really is the answer to low competitiveness remains to be seen. Although Chinese suppliers are likely to benefit from subsidies, the question must be asked whether the European hydrogen industry can win the race against China. This general uncertainty is hindering the investments that are so crucial at present, and at the same time, it is ensuring that the long-term chances for a successful transformation are dwindling. In his interview with Handelsblatt, Evonik CEO Kullmann points to Germany's financial reserves and opportunities to turn the tide after all. For Kullmann, economic power and military strength are crucial. These strengths must be developed. Since the associated investments will be financed by loans, the alternative currency gold is also coming into focus. Dryden Gold: Promising project in Canada benefits from rising gold prices When the world found itself with its back against the wall after the outbreak of the pandemic and central banks and governments around the world spent billions, the price of gold also skyrocketed, reaching a new all-time high in the summer of 2020. Today, gold is trading significantly higher. The prospect of further government spending and the ongoing uncertainty continue to support the gold price. In the first half of 2025 alone, the gold price rose by around 25%. One asset class that can benefit particularly during challenging phases is that of early-stage project developers. One such company is the Canadian company Dryden Gold (TSXV:DRY). Dryden Gold controls 70,250 ha in the Dryden Gold Belt in the Canadian province of Ontario. The flagship Gold Rock project is a historic brownfield site – an area that has already been explored. This offers advantages for future work, as certain data is already available and supplementary exploration can be carried out. In June, the Company reported visible gold deposits in two parallel structures. When gold is visible to the naked eye, it is an indication of high-grade deposits that are very likely to be economically viable. After the drill results were published, Dryden CEO Trey Wasser drew comparisons to the Red Lake Mine in Ontario, which was considered one of the largest mines in the world for many years. Analysts see more than 100% potential here These key figures also convinced the market in the spring and early summer – Dryden Gold's share price climbed from around CAD 0.10 at the end of March to its current level of CAD 0.25. The market capitalization is thus around CAD 30 million. According to analysts at Couloir Capital, the share price still has room to rise. The target price for the share announced in June is CAD 0.65. Couloir Capital considers the value to be promising for speculative investors, as the exploration potential is set to increase massively with the continuation of the drilling program. With its land package in a high-yield gold belt, Dryden Gold offers opportunities for attractive returns. This is contingent on a sustained high gold price. At a time when CEOs of key German industries, such as Evonik's Christian Kullmann, are warning of a global economic crisis, the conditions for further increases in gold prices appear to be in place. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a 'Transaction'). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company. 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